Investors wishing to produce films in the country would benefit from incentives under the Motion Picture Industry Encouragement Act. Under this Act, a recognised film producer is entitled to relief from income tax for a period not exceeding nine years, after the first release of the motion picture. The investor would also benefit from an investment allowance of 70% of the total expenditure on the production facilities, and this may be carried forward.
The investor would also be exempt from the payment of import duty on equipment, machinery and materials for the building of studios or for use in motion picture production.

Jamaica's Film Industry
Jamaica is committed to the continued growth of its film industry, and offers a number of benefits to the investor, including business-friendly entry requirements and easy access to the visas and work permits needed to facilitate projects in the industry. Producers and investors may apply, through the Film Commission, to access incentives offered under the Law. These include:

• Tax-free profits from overseas release of film and video for nine years;
• Duty-free and tax-free concessions on equipment, machinery and materials for the building of film studios and support facilities;
• An investment allowance of 70% of sums spent on investment in infrastructure is provided, with a carry-forward of the unused portion;
• No withholding tax on dividends is paid to resident shareholders with investments in film companies (non-resident shareholders earn dividends are taxed according to the provisions of the Double Taxation Treaty with their respective countries, for example, USA, and UK are Treaty members thus eliminating the payment of taxes in Jamaica);
• Discount on Government-owned locations
• Benefits under existing co-production treaties
• Waiver of duty on temporary importation for the creative industries